GREY:ATBPF - Post by User
Post by
crow27on Feb 18, 2021 8:28pm
314 Views
Post# 32605856
Phase 3
Phase 3So they say when a Bio firm enters phase 3 trials the market cap of that company is in that 600 million dollar range. That is where ATB is heading.
So at 50 million shares (rough figure) that would put our SP at around $12.00
That is not counting any other parnership deals along the way. We already made one great partnership ship deal last week and very likely more are in the wind. So we could see a $12 to $15 share price. That's just the price of being at the dance running your trials.
Not a worry now about can we afford to go there as we are golden with cash.
I think Nasdaq would really love this company as their product is just what the DR ordered. These Bio followers know how to promote a stock.
I had a bio stock many years ago that ran from $4.00 to $31.00 in one day. Opened at $4.00 ran up all morning to $31 and then ran back down and closed at $8.00. This was on the Nasdaq.
You can see the bargain this stock is now especially now that we have totally derisked. Basically we have next to no risk. I believe Dan will make this all much clearer with the next NR's.
$6.17 is a solid buy!! I think also we climb back to the $7's quickly.